SP HAMMERS LIMITED
- · Oldest live charge 26.3y old — refinance window within 12 months
Opportunity 60/100 (worth a look), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
2 live charges · oldest 26.3y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (56/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (32 events)Click to expand
- 2025-10-21📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2025-10-21🏁Company dissolved
- 2025-08-05📄gazette-notice-voluntarygazette · GAZ1(A)
- 2025-07-24📄dissolution-application-strike-off-companydissolution · DS01
- 2025-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-11📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-10-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-04-18🔒Charge registered #2Lender: National Westminster Bank PLC
- 2005-01-01➖VINCENT, Geoffrey Charles resigneddirector
- 2004-03-31➖VINCENT, Paul resigneddirector
- 2002-03-05➕VINCENT, Paul appointeddirector
- 2000-02-09🔒Charge registered #1Lender: National Westminster Bank PLC
- 2000-01-07➕VINCENT, Geoffrey Charles appointeddirector
- 1999-11-25🏢Company incorporatedAs SP HAMMERS LIMITED
- 1999-11-25➕VINCENT, Lise Maria appointedsecretary
- 1999-11-25➕VINCENT, Lisa Marie appointeddirector
- 1999-11-25➕VINCENT, Steven appointeddirector
- 1999-11-25➕VIBRANS, Philip Charles appointednominee-secretary
- 1999-11-25➖VIBRANS, Philip Charles resignednominee-secretary
- 1999-11-25➕DAVENPORT CREDIT LIMITED appointedcorporate-nominee-director
- 1999-11-25➖DAVENPORT CREDIT LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-10-21
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Steven Vincent Individual · British · DOB 09/1974 · age 52 | 75–100% | — | 75-100% shares | 25/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Manufacturing · PO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1810 ENGINEERING LTD→ 11483347 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 2 MUCH HASSLE COMPOSITES LIMITED→ 16691204 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 7 SEAS FABRICATIONS LIMITED→ 16131906 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A.A. COOMBES LIMITED→ 08965953 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| A.B.C. GLASS PROCESSING LIMITED→ 03806683 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| A1 GARAGE DOOR SPECIALISTS LIMITED→ 04995623 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A2R MOULDING LIMITED→ 16318073 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A3 LEISURE LIMITED→ 13936205 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AA HEATING GROUP LTD→ 15885450 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AA LAB FURNITURE LTD→ 15574880 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AB DENTAL LABORATORY LTD→ 14021500 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABBEY POLYTHENE LIMITED→ 06323619 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (0 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 18/04/2016 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 09/02/2000 | — |